First Home Grant Has Changed

The First Home Owner Grant Has Now Changed!

The first home owner grant of up to $3,000 for the purchase of established homes in Western Australia has been removed as of 3rd October 2015.

A first home owner who purchases an established home on or after the 3rd October 2015 will no longer be eligible for a grant. However, if the value of the property is $530,000 or less, they may still be eligible for the first home owner rate of duty.

The first home owner grant of $10,000 for new homes will remain unchanged.

A new application form ‘First Home Owner Grant Application and/or Pre-approval for the First Home Owner Rate of Duty’ is now available on the Department of Finance website.

Still unsure about what this means for you and your new home? Contact Sue on 9239 0101 or 1300 SETTLE for further discussion.